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GE Extends Deadline on Alstom Deal

Three-Week Extension Comes at Request of the French Government

By

Ted Mann and

Jan Hromadko

Updated May 22, 2014 5:05 p.m. ET

General Electric Co. extended a deadline to complete its proposed $17 billion purchase of Alstom SA's energy assets by three weeks, bowing to concerns from French officials about the takeover and potentially giving German rival Siemens AG more room to make its own bid.

GE agreed to prolong the consideration of its offer by Alstom's board, which has already endorsed but not approved the bid, to June 23. The extension comes at the...